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Markel Corporation MKL
$ 1 818.69 0.71%
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Quarterly report 2026-Q2
added 07-29-2026

Markel Corporation Financial Ratios 2025-2007 | MKL

Brief overview of Markel Corporation's valuation and returns

The comparison uses the five latest available annual observations between 2020 and 2025.

Key multiples at the end of the period are P/E 12.37x (median 9.81x), P/B 1.36x (median 1.31x), P/CF 9.44x (median 7.53x). Multiples are on average 25.4% above their own medians. A substantial share of positive expectations may already be priced in.

At the current P/E, inverse earnings yield is 8.1%, a useful bridge between price and business earnings.

Current measures of operating quality are ROE 11.3%, ROA 3.1%, ROCE 17.2%. Capital returns look adequate and support overall financial resilience.

Financial-company multiples cannot be compared directly with industrial businesses; P/B and sustainable capital returns remain central.

Overall assessment

Markel Corporation combines strong efficiency with demanding valuation. The cushion depends on continued earnings growth.

Annual Financial Ratios Markel Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

12.4 8.8 9.8 -83.5 7.1 18.4 9.1 -114.2 40.2 28.2 20.2 29.8 24.3 18.1 27.3 23.6 29.9 - -

P/S

1.7 1.6 1.4 1.5 1.3 1.5 1.7 2.1 2.6 2.3 2.2 1.9 1.6 1.5 1.5 5.4 5.1 - -

EPS

169.7 199.7 147.3 -23.7 176.8 55.7 129.2 -9.6 25.9 31.4 42.0 22.4 22.6 26.0 14.7 14.4 9.5 -6.0 -

EV (Enterprise Value)

71.9 B 64.8 B 55.4 B 50 B 45.5 B 38.7 B 39.6 B 36.8 B 37 B 28.5 B 26.2 B 25.2 B 22.1 B 12.4 B 11.2 B 10.3 B 9.39 B -640 M -478 M

EBITDA per Share

281 312 243 15.9 260 114 - - - - - - - - - 43.3 28.9 - -

EV/EBITDA

20.3 16.0 17.0 231.2 13.0 9.4 - - - - - - - - - 24.3 33.1 8.0 -

PEG

0.04 - - - - -0.3 0.01 0.83 -2.29 -1.12 0.23 -35.34 -1.86 0.24 -0.59 - - - -

P/B

1.4 1.4 1.3 1.3 1.1 1.2 1.5 1.6 1.7 1.5 1.5 1.3 1.0 1.2 1.1 1.0 1.0 - -

P/CF

9.4 9.3 7.0 6.7 7.5 8.7 14.2 18.6 20.3 27.3 20.6 15.1 9.8 13.2 15.4 14.8 9.9 - -

ROE %

11.33 16.24 13.32 -1.64 16.46 6.38 16.17 -1.41 4.16 5.39 7.44 4.23 4.21 6.52 4.19 4.42 3.36 -2.69 -

ROA %

3.06 4.44 3.63 -0.43 5.00 1.96 4.78 -0.38 1.20 1.76 2.34 1.27 1.17 2.02 1.23 1.29 0.91 - -

ROCE %

17.18 21.95 19.55 -0.71 22.03 9.95 - - - - - - - - - 11.64 9.11 -5.12 -

Current Ratio

1.4 1.4 1.4 1.4 1.5 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.4 1.4 - -

DSO

- - - - - - 279.0 363.2 380.1 215.5 216.2 220.8 261.6 151.3 48.6 4.9 - - -

Operating Cycle

- - - - - - - - - - - - - - - 4.9 - - -

Cash Conversion Cycle

- - - - - - - - - - - - - - - 4.9 - - -

All numbers in USD currency

Quarterly Financial Ratios Markel Corporation

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

EPS

- -18.9 59.44 49.8 12.11 66.4 18.66 75.56 3.15 50.2 37.33 - 3.09 -69.15 -6.5 - 15.12 57.12 42.09 59.44 31.07 65.81 -100.6 36.34 13.97 36.1 42.81 -53.88 28.56 20.01 -4.25 30.48 -18.82 10.34 3.91 9.14 5.62 5.44 11.21 14.23 7.43 6.76 13.57 8.1 5.33 2.67 6.28 6.98 4.69 2.24 9.53 6.25 5.33 8.44 5.94 5.21 5.5 3.12 0.85 6.49 2.13

EBITDA per Share

128 -18.2 83.9 91.2 25.7 109 34.8 105 9.04 75.8 59.4 - 8.14 -83.1 0.42 - 20.4 81.1 56.8 - 53.4 92.7 -128 - 21.5 50.7 60.1 - 41.9 24.5 9.61 - -22.3 18.5 10.3 - 12.1 15.1 18.8 - 14.4 10.5 20.3 - 10.5 6.98 11.4 - 9.97 6.86 15.7 - 8.84 15.5 10.9 - 10 6.6 3.75 - -

ROE %

12.94 7.50 13.99 11.51 14.24 13.83 13.41 15.28 9.25 8.58 5.01 1.46 7.13 6.64 11.00 11.37 17.99 20.18 21.72 6.38 4.37 2.69 -0.02 16.17 3.28 5.93 4.50 -1.41 11.44 4.20 2.72 4.16 1.15 4.87 4.23 5.39 6.34 6.66 6.90 7.44 6.46 6.15 5.51 4.23 4.16 4.15 4.03 4.21 4.19 4.49 6.38 6.52 6.54 6.83 5.42 4.19 4.78 3.94 0.24 2.07 0.73

ROA %

3.43 1.98 3.74 3.07 3.88 3.77 3.65 4.16 2.50 2.31 1.38 0.42 2.16 2.03 3.37 3.47 5.50 6.19 6.66 1.96 1.29 0.75 -0.13 4.78 1.16 1.84 1.35 -0.38 3.20 1.18 0.80 1.20 0.39 1.51 1.35 1.76 2.04 2.13 2.19 2.34 2.01 1.90 1.69 1.27 1.22 1.19 1.15 1.17 1.21 1.33 1.93 2.02 2.00 2.07 1.62 1.23 1.39 1.13 0.07 0.60 0.20

ROCE %

18.69 12.13 21.70 18.69 20.79 19.66 18.44 21.34 13.39 12.58 7.47 1.98 9.71 9.16 14.82 15.11 20.52 28.50 6.67 1.01 3.38 3.99 1.46 15.57 21.69 22.75 17.88 10.70 7.23 3.64 1.56 0.40 2.20 7.96 8.33 6.99 9.32 9.17 10.32 7.42 9.17 7.95 8.21 4.78 6.62 5.98 6.99 5.07 7.05 8.85 10.22 8.11 10.79 10.53 7.80 5.31 8.90 7.91 0.90 3.59 1.69

Current Ratio

1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 - 1.4 1.5 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4

DSO

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.2 3.5 - - - - -

Operating Cycle

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.2 3.5 - - - - -

Cash Conversion Cycle

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.2 3.5 - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Markel Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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HCI
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Kingstone Companies Kingstone Companies
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Lemonade Lemonade
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XL Fleet Corp. XL Fleet Corp.
XL
- 20.97 % $ 161 M usaUSA
Kinsale Capital Group Kinsale Capital Group
KNSL
$ 380.61 0.12 % $ 8.81 B usaUSA
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UIHC
- 1.28 % $ 341 M usaUSA
NMI Holdings NMI Holdings
NMIH
$ 44.81 0.02 % $ 3.48 B usaUSA
American Financial Group American Financial Group
AFG
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ProAssurance Corporation ProAssurance Corporation
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- - $ 1.28 B usaUSA
Horace Mann Educators Corporation Horace Mann Educators Corporation
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RLI Corp. RLI Corp.
RLI
$ 64.31 0.14 % $ 5.91 B usaUSA
Safety Insurance Group Safety Insurance Group
SAFT
$ 103.64 0.01 % $ 1.52 B usaUSA
Selective Insurance Group Selective Insurance Group
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$ 19.24 1.37 % $ 738 M usaUSA
The Travelers Companies The Travelers Companies
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Kemper Corporation Kemper Corporation
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$ 27.93 1.01 % $ 1.73 B usaUSA
NI Holdings NI Holdings
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$ 15.21 0.98 % $ 319 M usaUSA
W. R. Berkley Corporation W. R. Berkley Corporation
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$ 68.44 0.15 % $ 27.2 B usaUSA
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$ 33.86 0.23 % $ 1.05 B usaUSA
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WTM
$ 2 135.41 0.38 % $ 5.41 B usaUSA
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$ 102.97 0.21 % $ 5.7 B usaUSA
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$ 260.58 1.15 % $ 68.7 B usaUSA
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$ 23.17 3.92 % $ 738 M usaUSA
The Progressive Corporation The Progressive Corporation
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$ 218.64 0.45 % $ 128 B usaUSA
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$ 43.43 0.14 % $ 1.21 B usaUSA
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STC
$ 69.91 0.16 % $ 1.96 B usaUSA
Loews Corporation Loews Corporation
L
$ 109.72 0.04 % $ 22.9 B usaUSA
The Hanover Insurance Group The Hanover Insurance Group
THG
$ 227.67 0.31 % $ 8.15 B usaUSA
Palomar Holdings Palomar Holdings
PLMR
$ 131.63 1.61 % $ 3.51 B usaUSA
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$ 53.98 0.19 % $ 1.37 B usaUSA